AI chip startup Rebellions hits $2.34 billion valuation
South Korean AI chip startup Rebellions raised $400 million at an approximately $2.34 billion valuation to fuel expansion in Asia, the Middle East, and the U.S.
Friday, October 16, 2026
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South Korean AI chip startup Rebellions raised $400 million at an approximately $2.34 billion valuation to fuel expansion in Asia, the Middle East, and the U.S.
Qodo raised $70 million in Series B funding to scale its AI-powered code verification platform, aiming to improve trust and reliability in AI-generated software development.
Y Combinator’s Winter 2026 Demo Day (an accelerator pitch event) featured rising valuations, with some startups reportedly reaching $100 million while the default seems to be around $30 million.
Physical Intelligence is reportedly in discussions to raise about $1 billion, a deal that would push the robotics startup’s valuation above $11 billion.
SoftBank has secured a $40 billion loan to fund its $30 billion OpenAI investment, which may signal lender expectations of an OpenAI public listing later this year.
Rivian secured a $1 billion investment from Volkswagen Group after completing winter testing for their joint venture vehicle, with total deal potential reaching as much as $5.8 billion.
Nearly 190 startups presented at Y Combinator’s Winter ’26 Demo Day, with the cohort heavily focused on AI applications across diverse global industries.
Shield AI raised $1.5 billion in Series G funding at a $12.7 billion valuation to support its acquisition of Aechelon Technology and expand its defense software business.
Voice AI startup Bland has scaled from pre-seed to Series B in 10 months, building a 75-person team by prioritizing passion and obsession over traditional resumes.
Conntour raised a $7 million seed round to develop an AI-powered video surveillance search engine that allows security personnel to query camera feeds using natural language.
Meta has acquired Chinese AI startup Manus for $2 billion, triggering a regulatory inquiry in Beijing that has reportedly restricted the founders' ability to leave the country.
Deccan AI raised $25 million in a Series A round to expand its India-based workforce, which provides post-training data and evaluation services for frontier AI labs.
VITL, an 18-month-old startup, raised $7.5 million in Series A funding to scale its e-prescribing platform for cash-pay medical clinics.
DeleteMe has acquired social media security tool Block Party to unify personal data removal and online safety services; terms of the deal were not disclosed.
Legal tech startup Harvey has raised $200 million at an $11 billion valuation, bringing its total funding to more than $1 billion.
Granola raised $125 million at a $1.5 billion valuation, pivoting its meeting note-taking app toward enterprise AI workflows and new API integrations.
Glimpse raised $35 million in Series A funding led by Andreessen Horowitz to scale its AI platform for automating retail financial deduction disputes.
Arinna raised a $4 million seed round to develop ultrathin solar panels, which the company expects to test in orbit before the end of this year.
Sift, a data infrastructure startup for complex manufacturing, raised a $42 million Series B at a $274 million post-money valuation to support AI-driven factory automation.
Lucid Bots raised $20 million in Series B funding to scale manufacturing and headcount for its U.S.-made window-washing drones amid high customer demand.